APPROPRIATION ORDINANCE NO. 05-2017

APPROPRIATION ORDINANCE NO. 05-2017

AN ORDINANCE REVERTING THE TOTAL AMOUNT OF FOUR MILLION TWO HUNDRED THIRTY-FOUR THOUSAND NINE HUNDRED SIXTY-ONE (P 4,234,961.00) PESOS FROM PERSONAL SERVICES AND MAINTENANCE AND OTHER OPERATING EXPENSES (MOOE) TO UNAPPROPRIATED BALANCE; AND AUTHORIZING SUPPLEMENTAL BUDGET NO. 4 – 2017 INVOLVING AN AMOUNT OF EIGHT MILLION THIRTY-FOUR THOUSAND NINE HUNDRED SIXTY-ONE (P 8,034,961.00) PESOS COVERING THE VARIOUS EXPENDITURES FOR THE OPERATION OF THE MUNICIPAL GOVERNMENT OF LUPON, DAVAO ORIENTAL.

Be it enacted in Special Session assembled:

Section 1. The unexpended balances of appropriations authorized in the CY 2017 annual budget shall be reverted to the Unappropriated Balance, to wit:

Personal Services – P 2,268,961.00

Maintenance and Other Operating Expenses (MOOE) – 1,966,000.00

TOTAL TO BE REVERTED TO UNAPPROPRIATED

BALANCE – P 4,234,961.00

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Section 2. The Supplemental Budget No. 4-2017 of the Municipality of Lupon, Davao Oriental for Calendar Year 2017 in the total amount of Eight Million Thirty-four Thousand Nine Hundred Sixty-one (P 8,034,961.00) Pesos is hereby approved.

The documents consisting of the following are incorporated herein and made integral part of this Ordinance:

Statement of Funding Sources Certified by the Members of the Local Finance Committee;

Certification that the funds are available for further appropriation by the Municipal Treasurer and Municipal Accountant.

Section 3. Sources of Funds – The sources of funds for the Supplemental Budget No. 4-2017 in the amount of Eight Million Thirty-four Thousand Nine Hundred Sixty-one (P 8,034,961.00) Pesos shall be the following:

Underestimated Income – P 3,800,000.00

Unappropriated Balance:

Reverted from Personal Services – 2,268,961.00

Reverted from MOOE – 1,966,000.00

T O T A L – P 8,034,961.00

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Section 4. Use of Funds – The amount of Eight Million Thirty-four Thousand Nine Hundred Sixty-one (P 8,034,961.00) Pesos is hereby appropriated for the Supplemental Budget No. 4-2017 of the Municipality of Lupon, Davao Oriental, to wit:

Proposed New Appropriations Language

For the various expenditures intended for the operation of the Municipal Government of Lupon, Davao Oriental, in the amount of Eight Million Thirty-four Thousand Nine Hundred Sixty-one (P 8,034,961.00) Pesos.

Section 5. Separability Clause – If, for any reason, any section or provision of this Ordinance is declared invalid or unconstitutional, other sections or provisions thereof which are not affected thereby shall continue to be in full force and effect.

Section 6. Effectivity – The provisions of this Ordinance shall take effect upon approval.

ENACTED this 20th day of December 2017 at the Sangguniang Bayan Session Hall, Lupon, Davao Oriental.